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A Voice Of Liberty
@avoiceofliberty
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#Hertz admits the stock it is about to sell is worthless. The #bankruptcy court agrees the stock is worthless. But there's demand, so the sale will proceed. The next market crash will be of Biblical proportions. https://www.zerohedge.com/markets/hertz-own-lawyer-admits-stock-price-disconnected-fundamentals-will-go-ahead-stock-offering #news #markets #finance

Hertz' Own Lawyer Admits Stock Price "Disconnected From Fundamentals", Will Go Ahead With Stock Offering Anyway

Through vigilance and creativity, Hertz has now gotten the opportunity to turn things around a bit. If successful, it may be able to reinforce its balance sheet by actually capitalizing on the truly extraordinary set of circumstances that have followed in the wake of Covid-19.

zerohedge.com

Jun 13 2020 · 2:53 PM

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